Halliburton 4Q results up 19 per cent

HALLIBURTON Co's fourth-quarter net income has risen 19 per cent, led by growth in its international operations.

The oilfield-services company earned $US793 million ($A903.24 million), or 93 US cents per share, for the three months ended December 31. That compares with $US669 million, or 72 US cents per share, a year earlier.

Income from continuing operations was 90 US cents per share. When removing restructuring charges, it was 93 US cents per share.

Revenue increased five per cent to $US7.64 billion from $US7.29 billion, with strength in its Middle East/Asia and Europe/Africa/Commonwealth of Independent States regions. The latter region includes countries such as Russia and the Ukraine.

Analysts expected earnings of 89 US cents per share on revenue of $US7.55 billion.